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492 Locust St

Locust St, Downtown Burlington, Burlington, ON, L7S 1V2

3
Beds
5
Baths
3,500 - 5,000
Sq. Ft.
$2,150,000
List Price
Details
Photos
38
Comparables
History
492 Locust St, Burlington, ON - 1 of 3
492 Locust St, Burlington, ON - 2 of 3
492 Locust St, Burlington, ON - 3 of 3
202 days on market

Quick Summary

  • Exceptional investment opportunity with four fully occupied units
  • Turnkey property ensuring immediate income generation
  • Recent updates include new boiler system and newer windows
  • Roof replaced in 2008 for durability and peace of mind
  • Parking for up to 10 cars with numerous updates since 2004
  • Meticulously maintained by tenants and current owners
  • Prime location close to amenities, shops, and transportation
  • Rare chance to own a piece of Burlington's historic charm

Welcome to the epitome of historical charm and modern convenience! This exquisite 1890's Victorian home, located in beautiful downtown Burlington, presents an exceptional investment opportunity. Boasting four fully occupied units with fantastic tenants, this turnkey property ensures immediate income generation. Recent updates include a... Show More

Welcome to the epitome of historical charm and modern convenience! This exquisite 1890's Victorian home, located in beautiful downtown Burlington, presents an exceptional investment opportunity. Boasting four fully occupied units with fantastic tenants, this turnkey property ensures immediate income generation. Recent updates include a new boiler system in 2024 and mostly newer windows, while the roof was replaced in 2008, offering durability and peace of mind. With parking for up to 10 cars and numerous updates in 2004 and since, this property has been meticulously maintained by both tenants and current owners. Situated in a prime location close to amenities, shops, and transportation, this well-cared-for gem is a great opportunity. Don't miss out on this rare chance to own a piece of Burlington's history while securing a prosperous future. Be sure to schedule a private viewing and seize this extraordinary opportunity today!

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Property Details

Size

3,500 - 5,000 sq. ft.
12 total rooms
3 Beds
3 Above Grade
5 Baths

Parking

10 Parking Spaces
None

Build

Year Built
-
Model Name
-
Basement
Unfinished, Full
Exterior
Brick
Foundation
-
Builder Name
-
Stories
-
Flooring
Hardwood Floor, Vinyl Floor, Laminate
Roof
-

Heating & Cooling

Heating
Water
Cooling
Central Air

Utilities

Water
-
Sewer
Sewers
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Rooms

Office

14′8″ x 14′9″

Office

13′1″ x 13′1″

Kitchen

7′6″ x 8′1″

Other

9′5″ x 11′3″

Other

9′11″ x 10′2″

Prim Bdrm

9′11″ x 14′9″

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Ownership Details

Ownership

Title
Freehold
Zoning
-

Taxes

Property Tax Year
2023-01-01
Property Tax Amount
$13,299

Source

Listing Brokerage

MLS® Listing
W8304568
Last Updated
May 3, 2024
Brokerage
RE/MAX ESCARPMENT REALTY INC.
Call us 800-591-0566

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